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US Stocks Likely To Open In Red After Christmas Break But Analysts Still Expect A Santa Rally Into The New Year

Benzinga ·  Dec 26 19:57

U.S. stock futures declined on Thursday after a break for Christmas on Wednesday. All four index futures slipped in early trade.

The S&P 500 index is on its way to registering a robust 20% plus return for the second consecutive year in 2024, as most analysts expect a Santa Rally.

The 10-year and two-year Treasury notes yielded 4.62% and 4.35%, respectively. The probability of having no change in the interest rates for the upcoming Jan. 31, 2025 decision was at 91.4%, according to CME Group's FedWatch tool.

FuturesChange (+/-)
Nasdaq 100-0.42%
S&P 500-0.43%
Dow Jones-0.41%
Russell 2000-0.43%

In premarket trading on Thursday, theSPDR S&P 500 ETF Trust(NYSE:SPY) was down 0.49% to $598.36 and...

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